Used primarily in pharmaceutical research and development, this compound serves as a key intermediate in the synthesis of various active pharmaceutical ingredients (APIs). Its structure is particularly valuable in the creation of molecules targeting neurological disorders, including antidepressants and anxiolytics. Additionally, it is employed in the development of compounds with potential antibacterial and antifungal properties. Its chloro and fluoro substituents enhance its reactivity, making it a versatile building block in organic synthesis for designing drugs with specific biological activities.